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This paper evaluates the price effects of the merger of two major UK book retailers. We use a dataset containing … monthly scanner data on a sample of 200 books in 50 local markets for four years around the merger. We compare the price … changes after the merger in shops located in areas where both chains were present before the merger and in areas where only …
Persistent link: https://www.econbiz.de/10011877716
This paper empirically evaluates the price effects of the merger of two major book retail chains in the UK: Waterstone … information on a sample of 200 books sold in 60 stores in 50 different local markets for a period of four years around the merger … prices, we undertake an ex-post assessment of the impact of the merger at both levels. At the local level, we compare the …
Persistent link: https://www.econbiz.de/10011730989
Persistent link: https://www.econbiz.de/10003491574
This paper empirically evaluates the price effects of the merger of two major book retail chains in the UK: Waterstone … information on a sample of 200 books sold in 60 stores in 50 different local markets for a period of four years around the merger … prices, we undertake an ex-post assessment of the impact of the merger at both levels. At the local level, we compare the …
Persistent link: https://www.econbiz.de/10009763587
This paper empirically evaluates the price effects of the merger of two major book retail chains in the UK: Waterstone … information on a sample of 200 books sold in 60 stores in 50 different local markets for a period of four years around the merger … prices, we undertake an ex-post assessment of the impact of the merger at both levels. At the local level, we compare the …
Persistent link: https://www.econbiz.de/10009771895
This paper empirically evaluates the effects of a merger between the two largest book retail chains in the UK. We build … difference-in-differences techniques to assess the impact of the merger. A key feature of the books market is that titles become … obsolete very quickly. Therefore, we compare different titles before and after the merger in an hedonic approach. Since retail …
Persistent link: https://www.econbiz.de/10010342135
Persistent link: https://www.econbiz.de/10011503055
and the confidential nature of merger negotiations allows us to precisely measure the wealth effects of M&As in a laissez … takeovers took place in a competitive environment wealth creation appears to be related to efficiency gains. As competition …
Persistent link: https://www.econbiz.de/10013133919
before the merger. While the low-variety target's stores reduced the depth of their assortment when in direct competition …We study the effect of a merger between two Dutch supermarket chains to assess its effect on the depth as well as … composition of assortment. We adopt a difference-in-differences strategy that exploits local variation in the merger's effects …
Persistent link: https://www.econbiz.de/10012543525
This paper empirically evaluates the price effects of the merger of two major book retail chains in the UK: Waterstone … information on a sample of 200 books sold in 60 stores in 50 different local markets for a period of four years around the merger … prices, we undertake an ex-post assessment of the impact of the merger at both levels. At the local level, we compare the …
Persistent link: https://www.econbiz.de/10014156537